Tag Archives: SEK
Swedish PMI recovers a bit
In line with expectations, the Swedish PMI picked up to 52.2 in August from 51.3 in July. Encouragingly, the sub-index for order intakes increased to 54.4 and
FX Daily Strategist: Europe
EUR to remain supported by data and ECB expectations A continued improvement in Eurozone economic news is likely to underpin the euro.
FX Daily Strategist: US
Syria headlines to continue to drive FX markets Geopolitical tensions related to Syria are likely to dominate markets.
How much higher can we go?
Market talk The sell-off that started in the US has been supported by positive macro developments in other parts of the world.
FX Daily Strategist: Europe
Upside risks to JPY and CHF to persist as Syria tensions continue FX markets remain focused on geopolitical tensions related to Syria.
Nordic Outlook: Global recovery set to continue
It notes recently improved prospects of a stronger global recovery, with leading indicators for most industrialised countries showing greater household and business confidence.
Safe-havens less attractive as tail-risks decline?
For the past two years most attention on financial markets has concentrated on the European economic outlook and its associated political and economic risks.
Sluggish Swedish production
Statistics Sweden’s indicator for production in the business sector came in just as expected. In June, production decreased by 1.0% y/y in calendar adjusted terms,
The Global Macro Pulse
JPY weakness has raised the Nikkei 1.7%, S&P futures are up 0.1%, the HSI has risen 0.6%, and the Kospi has rallied 1.0%. Shanghai is essentially flat.
SEK – Range bound with medium-term upside potential
The krona temporarily recovered in July after its weak performance in June ahead of the Riksbank meeting in early July,
FX Daily
Market movers today • Final euro area service PMIs will most likely confirm that the euro area is moving from recession to slow growth.
FX Daily
Market movers today • The main release will be euro area consumer confidence, which is expected to show a small uptick.